Crypto News Center

Russian Lawmaker Proposes Bitcoin Reserve to Improve Financial Stability

Russian State Duma Deputy Anton Tkachev, a member of the New People party, has suggested creating a strategic Bitcoin reserve to strengthen the country’s financial stability.  According to local reports in Moscow, Tkachev has formally submitted this proposal to Finance Minister Anton Siluanov. Russia to Consider Plans for a Bitcoin Reserve? In the proposal, Tkachev highlights the limitations of traditional currency reserves, such as the dollar, euro, and yuan. He...

Robinhood relists Solana, Cardano and XRP, adds Pepe

Robinhood has relisted major altcoins Solana, XRP and Cardano for its US customers. The platform also added support for Pepe, news that saw PEPE price skyrocket. Robinhood Crypto announced on Wednesday that it had added support for four digital assets – Solana, Pepe, Cardano and XRP. The popular trading app now supports SOL, ADA, XRP and PEPE for its US customers, according to the announcement. Robinhood relists major tokens The...

Ripple (XRP) Price Faces Uncertain Momentum After 6-Year Highs

Ripple (XRP) price has surged more than 330% in the last 30 days, surpassing Solana’s market cap and reaching its highest levels in 6 years. However, its RSI is now at 46, a significant drop from the overbought level above 70 that was seen between November 29 and December 3, when XRP peaked around $2.90, its highest level since 2018. This decline suggests that the bullish momentum has cooled, and...

Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona Jr. does not endorse the purported cryptocurrency project “Tesler Code” or any other cryptocurrency investments. Misrepresenting the BSP or its officials is a punishable offense. To avoid falling...

Lawyer Says SEC Unlikely Changed Stance on Whether Solana is a Security or Not

Lawyer and Chief Legal Officer at Variant fund, Jake Chervinsky, says the SEC’s request to amend its complaint against Binance does not signal that the regulator no longer regards Solana, or the other crypto mentioned in the case, to be unregistered securities.  Chervinsky says the move is purely a “litigation tactic” on the SEC’s part and notes the regulator still refers to Solana and some of the other tokens as...

LATAM Crypto Roundup: Brazil and Argentina Welcome New RWA Platform, Colombia Eyes Regulation Law, and More

BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup includes stories on El Salvador’s plans to strengthen trade relations with Russia using Bitcoin, Binance’s survey of Latin American customers, Colombia’s efforts to develop a clear regulatory framework, and more. Latam Investors Plan to...

DraftKings NFT Lawsuit Dismissal Fails

By Mark Hunter 1 month agoThu Jul 04 2024 07:45:56 Reading Time: 2 minutes A US judge has denied DraftKings’ motion to dismiss a class action lawsuit involving its NFTs The lawsuit claims DraftKings’ NFTs are investment contracts and could be securities Judge Denise Casper ruled that the NFTs could constitute a security A US federal judge in Massachusetts has ruled against DraftKings’ attempt to dismiss a class action lawsuit...

CYBRO: An altcoin gem primed for a surge

contributor The crypto market is currently calm, awaiting the next big bull run. With altcoins still sitting at low prices, the stage is set for potential explosive growth. Investors are keeping a keen eye on which digital currencies will lead the charge when the market turns. This is a ripe moment to explore and identify the altcoin gems that are primed for a surge. The following article will delve into...

BTC Hits New All-Time High, Surpassing $81,000, Analysts Declare Bitcoin Season

Over the weekend, Bitcoin reached a new record high of US$80,849 and then surged to US$81,474 despite a brief dip. The cryptocurrency’s recent 17.75% rally is largely attributed to Donald Trump’s re-election, favoured by the crypto community. Galaxy Digital predicts Bitcoin and other digital assets will soar past current highs, citing a shift in regulatory winds to a more supportive stance. Beyond Trump, analysts say Bitcoin has entered into maximum...

Bitnance (BTN) Breaking Ice, New BEP-20 Token Presale Tops $17.5K

A new store of value token coming to the Binance Chain is making waves due to its potential for becoming a hedge against inflation on the network. Bitnance (BTN) is a fresh store of value (SOV) token for crypto investors that enjoy the BEP-20 network, driven by scarcity and demand like Bitcoin (BTC).  As traditional finance faces growing volatility and inflationary pressures, the cryptocurrency market is beginning to make a...